Pertaining to city government, as opposed to state or national government. From the point of view of an investor, the municipal government is a very important entity since they are large issuers of tax-advantaged bonds. Municipal governments issue bonds (sometimes called "munis") to raise capital for their day-to-day activities, and for specific projects that they might be undertaking (usually pertaining to development of local infrastructure such as roads, hospitals, etc).

This content can be found on the following page:

Copyright©1997-2009 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

• email
• print
• cite
•  link
• translate
• share

Copy and paste this HTML in your website to link to this page    <a href="http://www.investorwords.com/3161/municipal.html">municipal</a>

Select language... Chinese Japanese Spanish German French Portuguese Korean Italian Russian More languages...

powered by

Please select a language.